diff --git a/cmake/QtCreatorIDEBranding.cmake b/cmake/QtCreatorIDEBranding.cmake
index f2ca1e51f8d..e36186c12d4 100644
--- a/cmake/QtCreatorIDEBranding.cmake
+++ b/cmake/QtCreatorIDEBranding.cmake
@@ -1,6 +1,6 @@
-set(IDE_VERSION "4.83.0")                            # The IDE version.
-set(IDE_VERSION_COMPAT "4.83.0")                     # The IDE Compatibility version.
-set(IDE_VERSION_DISPLAY "5.0.0-beta2")               # The IDE display version.
+set(IDE_VERSION "4.84.0")                             # The IDE version.
+set(IDE_VERSION_COMPAT "4.84.0")                      # The IDE Compatibility version.
+set(IDE_VERSION_DISPLAY "5.0.0-rc1")                  # The IDE display version.
 set(IDE_COPYRIGHT_YEAR "2021")                        # The IDE current copyright year.
 
 set(IDE_SETTINGSVARIANT "QtProject")                  # The IDE settings variation.
diff --git a/qbs/modules/qtc/qtc.qbs b/qbs/modules/qtc/qtc.qbs
index e9153b715a0..14355e7f56e 100644
--- a/qbs/modules/qtc/qtc.qbs
+++ b/qbs/modules/qtc/qtc.qbs
@@ -3,15 +3,15 @@ import qbs.Environment
 import qbs.FileInfo
 
 Module {
-    property string qtcreator_display_version: '5.0.0-beta2'
+    property string qtcreator_display_version: '5.0.0-rc1'
     property string ide_version_major: '4'
-    property string ide_version_minor: '83'
+    property string ide_version_minor: '84'
     property string ide_version_release: '0'
     property string qtcreator_version: ide_version_major + '.' + ide_version_minor + '.'
                                        + ide_version_release
 
     property string ide_compat_version_major: '4'
-    property string ide_compat_version_minor: '83'
+    property string ide_compat_version_minor: '84'
     property string ide_compat_version_release: '0'
     property string qtcreator_compat_version: ide_compat_version_major + '.'
             + ide_compat_version_minor + '.' + ide_compat_version_release
diff --git a/qtcreator_ide_branding.pri b/qtcreator_ide_branding.pri
index eb4c98328d7..f5805a46a02 100644
--- a/qtcreator_ide_branding.pri
+++ b/qtcreator_ide_branding.pri
@@ -1,6 +1,6 @@
-QTCREATOR_VERSION = 4.83.0
-QTCREATOR_COMPAT_VERSION = 4.83.0
-QTCREATOR_DISPLAY_VERSION = 5.0.0-beta2
+QTCREATOR_VERSION = 4.84.0
+QTCREATOR_COMPAT_VERSION = 4.84.0
+QTCREATOR_DISPLAY_VERSION = 5.0.0-rc1
 QTCREATOR_COPYRIGHT_YEAR = 2021
 
 IDE_DISPLAY_NAME = Qt Creator